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MARKET AND PRICE OF BIOPLASTIC

 

The world currently utilises approximately 260 million tonnes of plastics per year. Europe uses approximately 53 million tonnes of plastics and the UK utilises approximately five million tonnes of plastics in a year. Bioplastics make up about 0.1% of the global market at an approximate consumption volume of 300,000 tonnes per year and experts predict that this market will grow six-fold by 2011 reaching over 1.5 million tonnes per year. In Europe, bioplastic consumption is approximately 60-100,000 tonnes per year and the UK utilises an estimated 15,000 tonnes per year.

The otherwise nominal bioplastics sector is all set to take a leap in the coming years. According to European Bioplastics Association, the global production capacity for bioplastics is projected to grow four times by 2020. The factors in favour of the bioplastics are the hefty packaging taxes introduced in the Europe and the US , surging oil and feedstock prices that are making conventional polymers more expensive and the European directives designed to establish an infrastructure for compostable bioplastics collection. Conventional plastics have scored over bioplastics in terms of price. In the past, bioplastics packaging has cost roughly 20% to 100% more than the petroleum-based plastic. However, stringent packaging taxes imposed in Europe and US combined with the escalating oil and feedstock prices are leveling the field for bioplastics with petroleum-based plastics. According to Plastics Exchange in Chicago, as a result of the rising oil prices the price of resins like polypropylene (PP) has risen about 45%.

The prices of any biopolymer are likely to be high when it is only produced on a small scale. The scale of production is likely to have a greater influence on the price than the costs of the raw material source and of the chemistry involved. Today prices are bit high but at higher scales of production the price will fall to a range of 1 to 10USD per kg.

Conclusion

CONCLUSION

 

Comparing the properties of biobased polymeric materials with the conventional synthetic petroleum derived polymers shows a major potential of these polymers for the production of well-performing bulk packages. The biobased materials have an inherent potential of being compostable which must help the commercialization of these materials. As with any emerging technology, continued innovation and global support is essential for bioplastics too for fully demonstrate for its socio-economic benefits and further challenge the status of traditional petroleum based plastics in the field of bulk packaging. In social context biodegradable plastics call for a re-examination of life-styles. They will require separate collection, involvement of the general public, greater community responsibility in installing recycling systems, etc. On the question of cost, awareness may often be lacking of the significance of both disposal and the environmental costs, which are to be added to the processing cost. The developments in the fields of bioplastics looks very promising given the fact that compositions of bioplastics are inexpensive, available annually biodegradable in several environments and incinerable. Thus we can use the bioplastics in our bulk packaging systems where conventional plastic is basically used and save our environment.

Comparing the properties of biobased polymeric materials with the conventional synthetic petroleum derived polymers shows a major potential of these polymers for the production of well-performing bulk packages. The biobased materials have an inherent potential of being compostable which must help the commercialization of these materials. As with any emerging technology, continued innovation and global support is essential for bioplastics too for fully demonstrate for its socio-economic benefits and further challenge the status of traditional petroleum based plastics in the field of bulk packaging. In social context biodegradable plastics call for a re-examination of life-styles. They will require separate collection, involvement of the general public, greater community responsibility in installing recycling systems, etc. On the question of cost, awareness may often be lacking of the significance of both disposal and the environmental costs, which are to be added to the processing cost. The developments in the fields of bioplastics looks very promising given the fact that compositions of bioplastics are inexpensive, available annually biodegradable in several environments and incinerable. Thus we can use the bioplastics in our bulk packaging systems where conventional plastic is basically used and save our environment.

Polymer market

CONCLUSION

 

Comparing the properties of biobased polymeric materials with the conventional synthetic petroleum derived polymers shows a major potential of these polymers for the production of well-performing bulk packages. The biobased materials have an inherent potential of being compostable which must help the commercialization of these materials. As with any emerging technology, continued innovation and global support is essential for bioplastics too for fully demonstrate for its socio-economic benefits and further challenge the status of traditional petroleum based plastics in the field of bulk packaging. In social context biodegradable plastics call for a re-examination of life-styles. They will require separate collection, involvement of the general public, greater community responsibility in installing recycling systems, etc. On the question of cost, awareness may often be lacking of the significance of both disposal and the environmental costs, which are to be added to the processing cost. The developments in the fields of bioplastics looks very promising given the fact that compositions of bioplastics are inexpensive, available annually biodegradable in several environments and incinerable. Thus we can use the bioplastics in our bulk packaging systems where conventional plastic is basically used and save our environment.

Comparing the properties of biobased polymeric materials with the conventional synthetic petroleum derived polymers shows a major potential of these polymers for the production of well-performing bulk packages. The biobased materials have an inherent potential of being compostable which must help the commercialization of these materials. As with any emerging technology, continued innovation and global support is essential for bioplastics too for fully demonstrate for its socio-economic benefits and further challenge the status of traditional petroleum based plastics in the field of bulk packaging. In social context biodegradable plastics call for a re-examination of life-styles. They will require separate collection, involvement of the general public, greater community responsibility in installing recycling systems, etc. On the question of cost, awareness may often be lacking of the significance of both disposal and the environmental costs, which are to be added to the processing cost. The developments in the fields of bioplastics looks very promising given the fact that compositions of bioplastics are inexpensive, available annually biodegradable in several environments and incinerable. Thus we can use the bioplastics in our bulk packaging systems where conventional plastic is basically used and save our environment.

CONCLUSION Comparing the properties of biobased polymeric materials with the conventional synthetic petroleum derived polymers shows a major potential of these polymers for the production of well-performing bulk packages. The biobased materials have

CONCLUSION

 

Comparing the properties of biobased polymeric materials with the conventional synthetic petroleum derived polymers shows a major potential of these polymers for the production of well-performing bulk packages. The biobased materials have an inherent potential of being compostable which must help the commercialization of these materials. As with any emerging technology, continued innovation and global support is essential for bioplastics too for fully demonstrate for its socio-economic benefits and further challenge the status of traditional petroleum based plastics in the field of bulk packaging. In social context biodegradable plastics call for a re-examination of life-styles. They will require separate collection, involvement of the general public, greater community responsibility in installing recycling systems, etc. On the question of cost, awareness may often be lacking of the significance of both disposal and the environmental costs, which are to be added to the processing cost. The developments in the fields of bioplastics looks very promising given the fact that compositions of bioplastics are inexpensive, available annually biodegradable in several environments and incinerable. Thus we can use the bioplastics in our bulk packaging systems where conventional plastic is basically used and save our environment.

Comparing the properties of biobased polymeric materials with the conventional synthetic petroleum derived polymers shows a major potential of these polymers for the production of well-performing bulk packages. The biobased materials have an inherent potential of being compostable which must help the commercialization of these materials. As with any emerging technology, continued innovation and global support is essential for bioplastics too for fully demonstrate for its socio-economic benefits and further challenge the status of traditional petroleum based plastics in the field of bulk packaging. In social context biodegradable plastics call for a re-examination of life-styles. They will require separate collection, involvement of the general public, greater community responsibility in installing recycling systems, etc. On the question of cost, awareness may often be lacking of the significance of both disposal and the environmental costs, which are to be added to the processing cost. The developments in the fields of bioplastics looks very promising given the fact that compositions of bioplastics are inexpensive, available annually biodegradable in several environments and incinerable. Thus we can use the bioplastics in our bulk packaging systems where conventional plastic is basically used and save our environment.

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